Under Offer
27 Sydney Street,
Brighton BN1 4EP
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Retail and Leisure
420 Sq Ft (39.02 Sq M)
Location
Sydney Street is in the North Laine area of the city, a very popular destination with a mix local and national cafe´s and food venues, boutiques and unique independent retailers selling jewellery, second-hand books and vintage clothes.
This busy retail thoroughfare is a one way road system and is located between the busy Trafalgar Street and North Road and near to Brighton's main attractions including Churchill Square, the seafront and The Lanes.
Brighton railway station is approximately 5 minutes walk away.
Description
North Laine Retail Unit
Accommodation
The premises comprises a ground floor and basement, self-contained retail unit.
Ground Floor: 221 sqft / 20.57 sqm
Basement: 193 sqft / 18.41 sqm
Total Accommodation: 420 sqft / 38.99 sqm
Planning
A new Use Classes Order (UCO) came into effect on 1st September 2020. Under the new UCO a new Use Class E was introduced to cover commercial, business and service uses. Use Class E encompasses A1, A2, A3, B1 and some D1 and D2 uses under the former UCO. We therefore understand that the premises benefit from Class E 'Commercial Business and Service' use within the Use Classes Order 2020.
Interested parties should make their own planning enquiries and satisfy themselves in this regard.
VAT
Rents and prices are quoted exclusive but may be subject to VAT.
Legal Fees
Each party to bear their own legal costs incurred.
Terms
The premises is available by way of a lease assignment of the current lease dated 27.04.2022 for a 5-year term, with a passing rent of £19,500 per annum. The lease contains a break option on 27.04.2025 subject to 6 months' notice.
The landlord has indicated a new lease would be considered.
Rateable Value / Council Tax Band
Rateable Value: £13,250
Energy Performance Rating
We understand the property has an EPC rating of C (54).